Employee Benefits
Compliance Webinar
Presented by Gilsbar and Benefits Compliance Solutions (BCS)
Join Gilsbar on Thursday, September 26th from 1:30 to 2:30 p.m. CST for a comprehensive webinar addressing timely compliance topics and requirements for employers offering group health and welfare benefit plans.
This webinar addresses the following key topics:
• Annual Notice Requirements and Updates
• Understand the Importance of Medicare Part D Creditable Coverage Disclosures
• Learn About Gag Clause Attestations and Their Impact on Your Organization
Attending this webinar is a valuable opportunity to gain expert insight and tips and ensure your organization meets compliance requirements around these key topics.
Key Topic Descriptions:
Annual Notice Requirements – These required annual notices are provided to employees by their employer to inform employees of their rights regarding their health and welfare benefit plans. Examples of these notices include Medicare Part D Notice of Creditable Coverage, CHIP, WHCRA, ADA Wellness Program, HIPAA, etc.
Medicare Part D Creditable Coverage Disclosure - The Medicare Modernization Act (MMA) requires certain employers offering prescription drug coverage to disclose whether the prescription drug coverage under the plan is “creditable", meaning that the plan’s prescription drug coverage is creditable if the actuarial value of the coverage equals or exceeds the actuarial value of standard prescription drug coverage under Medicare Part D.
Gag Clause Attestation - A Gag Clause Prohibition Compliance Attestation (GCPCA) is a yearly attestation that group health plans and health insurance issuers must submit confirming their compliance with the gag clause prohibition. The attestation is necessary to comply with the Internal Revenue Code, Employee Retirement Income Security Act, and Public Health Service Act requirements.